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OKTO Joins American Gaming Association

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OKTO Joins American Gaming Association

 

OKTO, a leading global digital payment solutions provider, proudly announces its ally membership with the American Gaming Association (AGA), the premier national trade group for the U.S. casino gaming industry. The membership solidifies OKTO’s dedication to the highest regulatory standards, continual support for responsible gambling practices, and the advancement of digital transformation in the industry.

As the national trade group representing the U.S. casino industry, the American Gaming Association (AGA) fosters a policy and business environment where legal, regulated gaming thrives. The AGA’s diverse membership of commercial and tribal casino operators, sports betting and iGaming companies, gaming suppliers, and more lead the $329 billion industry and support 1.8 million jobs across the country.

As a member of the AGA, OKTO aims to bolster its ability to provide advanced payment services to regional merchants while actively engaging with local authorities for a secure and responsible gambling ecosystem.

Theo Engelis, OKTO’s Vice President North America, expressed, “Joining the AGA allows us to contribute to the advancement of the American gaming landscape. OKTO is committed to upholding stringent regulatory standards and collaborating closely with local authorities to deliver innovative, secure, and efficient cashless payment solutions in the American gaming industry.”

OKTO will actively participate in member events to share our unique perspective on the digital payments’ environment. This commitment underscores OKTO’s dedication to remaining at the forefront of the American gaming Industry, fostering industry relationships, and supporting shared business objectives.

OKTO’s membership with AGA highlights its proactive contribution to the industry’s growth and responsible development, showcasing a commitment to excellence, innovation, and the promotion of a secure and responsible gaming environment.

Compliance Updates

IC360 Announces Integrity Partnership with PGA of America

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Integrity Compliance 360 (IC360), the unequivocal global leader in delivering best-in-class integrity and compliance regulatory technology products and services for the sports betting and gaming sector, has announced a new partnership with the PGA of America.

Through this partnership, IC360 will provide the PGA of America with its state-of-the-art Integrity Monitoring technology, providing real-time alerts on global wagering activity. Additionally, the PGA of America will utilize ProhiBet, the one-of-a-kind prohibited bettor solution to prevent individuals from engaging in prohibited wagering activities.

“We are excited to partner with IC360, a leader in regulatory technology for sports betting and gaming. This collaboration underscores our commitment to maintaining the highest integrity standards within golf by integrating IC360’s cutting-edge Integrity Monitoring technology and the innovative ProhiBet solution. By leveraging IC360’s expert Advisory Team, we gain invaluable insights as we navigate the sports wagering landscape,” said Jeff Price, Chief Commercial and Philanthropy Officer for the PGA of America.

The PGA of America will also utilize IC360’s seasoned Advisory Team, who will provide consultative services to the organization as they navigate the nuances of the complex and evolving sports wagering regulatory environment. IC360’s team comprises former regulators and seasoned gaming industry professionals who ensure all regulatory compliance standards are hitting the highest standards.

“The PGA of America is a partner that shares the same vision of integrity and fairness in competition, which we promote and aim to protect. It is a privilege to provide this organization with our world-class technology and service, as they continue to showcase excellence in their commitment to integrity and their culture,” said Scott Sadin, Co-CEO of IC360, said.

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PENN Entertainment Announces Board Refreshment

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PENN Entertainment Inc. announced that it intends to nominate Johnny Hartnett and Carlos Ruisanchez for election to its Board of Directors following discussions with HG Vora Capital Management LLC (HG Vora). Ron Naples has informed the Board that he will retire from the Board, effective immediately. Barbara Shattuck Kohn and Saul Reibstein have notified the Company that they will not stand for reelection at the 2025 Annual Meeting of Shareholders. The Board now comprises eight directors, seven of whom are independent.

The Board issued the following statement:

“We look forward to benefitting from Johnny’s and Carlos’s fresh perspectives as we enter into a critical phase for the business. The Board continues to believe there is significant opportunity for value creation at PENN, particularly within our Interactive segment. Johnny and Carlos bring critical expertise and experience in the gaming industry, across both digital and retail, that are aligned with the Board’s priorities and are tailored to the opportunities in front of us. While we were unable to reach an agreement with HG Vora, we thank them for their input and look forward to continued engagement with all of our shareholders. We thank Ron, Saul and Barbara for their many years of distinguished service to the Board and our Company and we are eager to begin working with our new directors to drive profitable growth for the benefit of all PENN shareholders.”

Carlos A. Ruisanchez

Carlos A. Ruisanchez is the Chief Executive Officer of Sorelle Capital and President of Sorelle Hospitality, family office firms focused on investing and developing hospitality, consumer and real estate businesses. Prior to Sorelle, he served as President and Chief Financial Officer of Pinnacle Entertainment Inc., a leading gaming entertainment company, until its sale in 2018. He joined Pinnacle in 2008 as Executive Vice President, Strategic Planning and Development. He became Pinnacle’s Chief Financial Officer in 2011, President and Chief Financial Officer in 2013, and board member in 2016. Prior to joining Pinnacle Entertainment Inc., Mr. Ruisanchez was Senior Managing Director at Bear Stearns & Co. Inc., an investment banking firm, where he held various positions from 1997 to 2008. He is an independent board member of Cedar Fair Entertainment Company.

Johnny Hartnett

Johnny Hartnett joined the board of Superbet Group in January 2024, after a successful mandate as Chief Executive Officer of the company between 2019 and 2023. Under Mr. Hartnett’s leadership, Superbet registered remarkable results in terms of market growth, transformation of its proprietary product & technology platforms and the creation of Happening, the Group’s dedicated tech company. Prior to joining Superbet, Mr. Hartnett spent 20 years working in the Flutter Group, where he held multiple leadership positions as COO of Sportsbet (Australia), MD of Paddy Power Betfair Online and Flutter International divisions including leading the Group’s M&A endeavors.

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TaDa Gaming brings social gaming platform to US market

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TaDa Gaming brings social gaming platform to US market

 

Free-to-play platform goes live with immersive content and multiplayer tournaments

TaDa Gaming, the award-winning content provider, is expanding its social gaming reach with the US launch of its free-to-play platform, Freeslotmatch, bringing a fast-growing library of immersive slots and multiplayer formats to a brand-new audience.

Following its debut in Brazil, the platform now offers US based players the opportunity to explore TaDa Gaming’s popular titles in a fully social, risk-free environment. In addition to the US launch, the company is currently preparing for further rollouts in other countries, with additional markets set to go live later this month.

Players can enjoy fan favourite titles such as Fortune Gems, TriLuck™, DARKREEL™ and the SurgeReel™ series, with crash, table and fishing-shooting games set to follow.

Designed to mirror the thrill of real gaming without any monetary commitment, the platform features a range of tournament features including single-round wins, cumulative wins, limited spins, and more, all powered by a straightforward, intuitive interface that supports fair and accessible gameplay.

Registration is free and open via email, Google, Facebook, Twitter, or Telegram, and the platform is available in English, Spanish and Portuguese. Rewards are delivered directly to the registered email account, allowing players to compete, track their progress and enjoy a seamless social gaming experience.

Andy Huang, CEO at TaDa Gaming, said: “After a successful launch in Brazil, we are excited to bring freeslotmatch.com to the US market.

“The platform hosts over 160 games and combines our most engaging titles with interactive features and tournaments, giving players a space to enjoy and explore our content without financial risk.”

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